Canada Life launches five multi-asset risk-rated funds

The funds will invest globally across asset classes, allocating predominantly to in-house funds, but using passive vehicles where an internal fund is not available. The funds will be managed by David Marchant (pictured). Asset allocation will be determined by Distribution Technology's risk profiles, with the portfolios aimed at medium to high-risk investors rated between three and seven. The lowest risk portfolio will allocate 10% to cash, 56% to fixed income, 26% to equities and 8% to UK property. This compared to the highest risk portfolio, which will invest 90% in equities, 5% in U...